RICS consults on valuation guidance for flat blocks caught in cladding crisis

Cladding remediation shutterstock_1650999718

The surveyors institute hopes new guidance will unlock mortgage lending where work is yet to be carried out

The Royal Institution of Chartered Surveyors is seeking views on guidance for valuers of residential flats in multi-storey blocks with cladding.

Lenders have been reluctant to lend on properties in blocks needing remediation but recently committed to giving mortgages on these homes again. 

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